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US TSYS

Cash Tsys have opened 1-2bps richer across the major benchmarks. Asia-Pac participants have faded Friday's post-PCE cheapening, perhaps using the opportunity to square short positions as we approach month end. TYH3 deals at 111-00, +0-02+, with a 0-04+ range observed in early dealing.

  • BOJ Governor nominee Ueda will appear before Japan's Upper House in another confirmation hearing. Participants will have one eye on his comments and any subsequent gyrations in JGBs.

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